• Loan against plot of land and industrial property ! Take advantage of your property

    LAP

  • Loan to buy commercial property - Invest today ! Own your Office now

    LAP

  • Working capital facility for your company for expansion, new projects and Trade Finance !

    Working capital facility

  • Loan against rental discounting at an attractive rate, tenor upto 15 years !

    LARR

  • Foreclose your loan without any charges, transfer your high cost loan to lower ROI !

    Home Loan

  • Insure you and your family from all illness, ask for health insurance cover and protect your family

    Health Insurance

  • Get our car insurance offer from us - Door step service

    Auto Insurance

  • Get Project star rating for your real estate project from the rating agencies !

    Project Rating

  • 100% loan against your property value upto Rs.25 crs under SME scheme !

    SME

  • Business loan against residential property @ 11.25% floating upto Rs.25 crs !

    Loan against property

  • Register for Loan referral program online and multiply your income from today!

    Lead Referral

  • Invest in Real estate, pay 20% now and balance amount after posession of your flat

    Real Estate

  • Home loan for 30 years makes your emi affordable and easy to repay

  • Insure your life for Rs.1 crore at Rs.535.00 pm ! Secure your family !

    Term Insurance

  • Loan against property at 11.75% fixed for 5 yrs ! Limited time Offer !

  • Get a Unsecured Loan upto Rs.50 lacs and boost you business !

  • Builder finance at a very attractive rates !

    Builder Funding

  • Women home loan special offer @ 9.85% ! Limited period offer !

Builder Funding

Construction Finance or Project Finance is a unique offering under which Banks/ NBFCs directly finances real estate developers for projects they are developing. This product comes with customized offerings built around real estate developer’s project acquisition and construction cost basis a detailed evaluation of the project by the Banks/ NBFCs. Banks focus in Construction Finance is primarily on financing residential projects which give fillip to retail mortgage business. Corporate & Realty Finance (CRF) offers financial assistance to Developers and Builders in the Residential, Commercial and IT sectors.

Why US:


Product offerings:


Construction Finance

Construction finance helps to finance the developers/ builders for the project acquisition and construction cost. The major project related parameters are:


Construction Finance cum Lease Rental Discounting ("CF cum LRD")

CF cum LRD loans are offered to developers who are constructing commercial property and the same is to be leased out on completion. Amount of loans is determined by discounted value of future rent cash flows. Loan is disbursed linked to progress of project and amortization starts post completion. Lease Rental Discounting ("LRD")

CRF also undertakes LRD proposals for completed projects of large quantum

CF cum LRD & LRD proposals would have a floating rate pricing linked Bank / HFC Prime Lending Rate with a monthly reset. Bank / HFC would offer differential pricing during construction period and after project completion or lease tie up. The typical tenure of these loans are 6 to 9 year depending on Developer, Project and lease tie up arrangement.